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24270 Myers Ave - Entitled 16 Unit Townhome Project 0.89 Acres of Residential Land Offered at $1,360,861 CAD in Moreno Valley, CA 92553



Executive Summary
Motivated Seller - Approved sixteen (16) unit townhome/condo project on a flat site and a short drive to the 60 freeway. OPPORTUNITY ZONE - Potential Tax Benefits If Project Is Kept As A Rental Community. Schools are a short walking distance and neighborhood essentials like Sprouts market are a quick drive away. The last few remaining land parcels in Moreno Valley are getting developed very quickly one-by-one. This is an opportunity to purchase one where the overall project approval is already done and buyer will just have to process plan check and then can break ground.
Property Facts
| Price | $1,360,861 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.89 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $1,360,861 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.89 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,360,861 CAD | Lot Size | 0.89 AC |
| Price Per AC | $1,529,073.31 CAD |
| Price | $1,360,861 CAD |
| Price Per AC | $1,529,073.31 CAD |
| Lot Size | 0.89 AC |
Condo For-Sale Project Or Potential To Lease Out Units As Rentals Four (4) Units x 1,770 sf Twelve (12) Units x 1,787 sf All Units 4 Beds, 3.5 Baths Two Car Garage - Side-By-Side Parking
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 481-240-038 | Improvements Assessment | $363,083 CAD |
| Land Assessment | $594,846 CAD | Total Assessment | $957,929 CAD |
Property Taxes
Parcel Number
481-240-038
Land Assessment
$594,846 CAD
Improvements Assessment
$363,083 CAD
Total Assessment
$957,929 CAD
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24270 Myers Ave - Entitled 16 Unit Townhome Project
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